Canada Introduces Stricter Measures for Prospective International Students: Navigating Changes in Immigration Policies
Los Angeles, Dec 09, 2023
NRIpress.club/Ramesh/ A.Gary Singh
Canada's Toughened Stance on Foreign Students: New Financial Requirements and Work Limits Unveiled"
In a recent announcement, Canada's Immigration Minister, Marc Miller, revealed a series of stringent measures for prospective international students intending to pursue education in the country. Effective next year, aspiring students must demonstrate access to $20,635, a notable increase from the longstanding $10,000 requirement. This financial benchmark, subject to annual adjustments based on Statistics Canada's living cost metrics, aims to ensure students can cover expenses such as travel and tuition.
Additionally, Minister Miller disclosed an extension of the federal Liberals' exemption for current international students without an employment visa. This extension allows them to work beyond the standard 20 hours per week off-campus.
In a move to enforce compliance, Miller issued a warning, stating the potential imposition of visa caps on provinces that fail to support student housing initiatives or neglect to shut down educational institutions he deems unfit for operation. This announcement underscores Canada's commitment to maintaining a robust and regulated system for international education while addressing economic and social considerations associated with the influx of foreign students.
The Impact on Current Students and Applicants: Changes to Financial Requirements Effective January 1, 2024
The recent adjustments in Canada's financial requirements for international students, specifically the increase to $20,635, will primarily affect new study permit applications received on or after January 1, 2024.
Clarifying the $20,635 Financial Requirement: Annual Obligation or One-Time Payment?
The $20,635 Requirement as a One-Time Obligation.
In the transition to the new system, prospective students are now required to meet a one-time financial obligation of $20,635. This marks a departure from the previous structure where candidates had to demonstrate possession of $10,000, along with funds for their initial year's tuition and travel expenses. Under the updated framework, the $10,000 component has been raised to $20,635, streamlining the financial requirements into a singular, comprehensive obligation for prospective international students.
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